PARIS — (BUSINESS WIRE) — April 26, 2011 —
The IP of Comet Technology is the result of over 20 years of continual
research and development. The Comet solver originated in the advanced
consulting group of Automated Analysis Corporation. Under the technical
leadership of industry veteran Dr. Ravi Raveendra, Comet established a
global user base that includes many of the world’s top companies,
universities and research institutes. The low frequency Boundary Element
solvers developed by Comet Technology (CTC) contain many unique features
resulting from contract research programs with NASA, other US government
agencies, and the automotive industry. These solvers are a central part
of the acquisition and complement the existing solvers in
ESI
Group’s vibro-acoustics software
VA
One and multi-domain virtual testing software
Virtual
Performance Solution.

“We are pleased to announce our collaboration with ESI Group on the
integration of Comet Technology IP and vibro-acoustic modeling
technologies,” said Dr. Ravi Raveendra, President, Comet
Technology Corporation. “The acquisition will enable us to work
together on the development of the next generation of vibro-acoustic
solvers.”

With over 25 years of experience in the development of Boundary Element
Methods (BEM), Dr. Raveendra further strengthens
ESI’s
global
vibro-acoustic
research and development team.

ESI
is a pioneer and world-leading provider in virtual prototyping that
take into account the physics of materials.
ESI has developed an extensive suite of coherent, industry-oriented
applications to realistically simulate a product’s behavior during
testing, to fine-tune manufacturing processes in accordance with desired
product performance, and to evaluate the environment’s impact on
performance. ESI’s solutions fit into a single collaborative and open
environment for End-to-End Virtual Prototyping, thus eliminating the
need for physical prototypes during product development. The company
employs over 800 high-level specialists worldwide covering more than 30
countries.
ESI
Group is listed in compartment C of NYSE Euronext Paris. For further
information, visit
www.esi-group.com/.